$STX showing VCP characteristics and tightness to the right of the base. Some OHS to contend with so on the WL for now.
$HBP showing VCP characteristics. Isn't as tight as I'd like but it's printed a new 10 Week RS high before price and there's demand in the base.
Is in a confirmed uptrend and now after a volatility contraction pattern (VCP), AMEX:CGW is showing a pivot buy just above $60. My trade will be buying above the pivot with a stop just below the 50-day MA and a target sell at $66. Low risk trade with a 2:1 risk/reward ratio. NASDAQ:PIO , another water supply ETF is behaving very similarly but, I prefer ...
Expanding on the Volatility Contraction Pattern trade into XMAS. 1. Strong Underlying Demand Elevated Relative Volume compared to prior days’ average A premarket gap or explosive move off the open The potential for a breakout on higher time frames Underlying significant support (20D-50D moving average) Inability to breakdown 2.Recent Overbought /...
Super tight pivot buy point! I need to see a breakout very soon, it's very tight. I am watching this closely and carefully now. P.S. The market hits all-time-high a few days ago, but fewer stocks setting up. This is a sign of weaknesses.
Previously i shared CIMB VCP setup on Aug (link below). After the breakout at Aug, price rally up to 18% till 20 Oct. Then the price went for natural reaction with below contraction: C1: -8% C2: -4% C3: -3% This region is tight and consider a low risk entry zone with overall risk around 6%. Let's see if huge demand will come in and breakout strong or not....
Recently market is bad and not much stocks showing setup. SCOMNET is one of the least that showing a nice setup. 7% tight area for 10 weeks. Overall price and volume actions are nice! Waiting strong demand and breakout. MYEG still setting up as well. Kindly refer to MYEG link for my pervious sharing. Disclaimer: Not a buy call recommendation, just technical...
The stock setting up a pivot buy area on its handle, the stock has quite a long base which is very good to me. Also, I have determined a staggered stop based on mathematical sense. Well, I like to see some action here to trigger my breakout level.
CUBESMART experience 2 fake breakout that follow with a contraction. Sky rocket volume then came in 17 Nov and experience another contraction. C1: -13% C2: -6% (after fake breakout) C3: -4% (after fake breakout again) Price recover at pivot area. Awaiting another breakout attempt! Will this round successful? Let's monitor. Disclaimer: Not a buy call...
Setting up constructive in price and earnings, stock has the potential to be bold. I am watching at this very closely.
Developing a VCP setup coming from a powerful move, RANC is getting tighter on the right side. I like to see some breakout on huge volume very soon. This stock could also be categorized as a power play, it has all the traits.
After getting stopped out twice on this stock, I see that ISSP develops a classic VCP setup accompanied by long bases and sound fundamental indicators. Moreover, I like how the RS line and volume perform so far. This is a potential market leader, I am watching the stock very closely now.
MYEG developed 280 days VCP with below contraction: C1: -30% C2: -10% C3: -8% Price currently breakout with volume. Looks good. GST coming back? Disclaimer: Not buy call recommendation, just sharing on the chart pattern through technical analysis . Trade at your own risk.
HAKA - USDT, a Small new crypto, the project looks promising. The Volumes are very high compared to the market cap - Great Volume - Figure RDM , VCP - A first consolidation - Sector of the Defi, compared to other Defi project it is completely undervalued
Many gurus & group have already done their analysis on the future prospects of the company so let's talk about the technical part of the share movement of the company for the past 8 months. From 0.20 to highest 1.05 in just 2 months with return of approx 450% during early of the year 2021, I believe many investors and traders have benefited from the drastic share...
GLOTEC VCP has breakout the tight area recently and experience a pull back. C1: -29% C2: -11% C3: -14% C4: -5% Disclaimer: Not buy call recommendation, just sharing on the chart pattern through technical analysis. Trade at your own risk.
CHZ - USDT - Graph 4h - A Volatility Contraction Pattern ( VCP ) is building up - Great volumes observed during the last weeks Let's observe the development of this VCP configuration.
BOSON USDT - Graph 4H - A Volatility contraction pattern ( VCP ) is building up - Great volumes observed during the last weeks Dock crypto fundamentals: E-commerce, Metaverse, a very promising sector and project at the right place at the right moment Let's observe the development of this VCP configuration.